RBI Monetary Policy MCQs: Growth, Inflation & Repo Rate

1.

What action did the Monetary Policy Committee (MPC) take regarding the Repo Rate in its recent meeting?

A Increased it by 25 basis points

B Decreased it by 25 basis points

C Retained it at the existing level

D Suspended its application temporarily

2.

Which committee is responsible for deciding and retaining the Repo Rate in India?

A Financial Stability and Development Council

B Union Cabinet

C Monetary Policy Committee (MPC)

D NITI Aayog

3.

What is the current Repo Rate retained by the Monetary Policy Committee (MPC)?

A 6.0%

B 6.25%

C 6.5%

D 6.75%

4.

According to the RBI's projections for FY25, what is the expected trend for inflation?

A Increase significantly

B Remain stable

C Ease (decrease)

D Fluctuate unpredictably

5.

For which fiscal year has the RBI projected inflation to ease to 4.5%?

A FY23

B FY24

C FY25

D FY26

6.

What is the Reserve Bank of India's (RBI) projected inflation rate for the fiscal year 2024-25 (FY25)?

A 4.0%

B 4.5%

C 5.0%

D 5.5%

7.

Which institution recently maintained India's GDP growth forecast at 7% for FY25?

A Ministry of Finance

B NITI Aayog

C Reserve Bank of India (RBI)

D World Bank

8.

For which fiscal year has the RBI maintained its GDP growth forecast at 7%?

A FY23

B FY24

C FY25

D FY26

9.

What is the Reserve Bank of India's (RBI) GDP growth forecast for the fiscal year 2024-25 (FY25)?

A 6.5%

B 7.0%

C 7.5%

D 8.0%

Economy & Business MCQs - 2026-06-07